1confirmation Newsletter - Issue #59
This year's Blockchain Week, which has become one of the most important community gatherings in our industry, felt different than last year. There was fewer people and less discussion about prices; the majority of the people involved were there because they are focused on bringing utility to blockchains beyond speculation. Expectations about the future were realistic; we're not going straight to the moon and there is a lot of hard work left to be done before we get anywhere close.
For those that couldn't make it, we'll be posting all of the sessions from Token Summit on our YouTube channel in the coming days.
Required reading this week
Cheeze Wizards: The World’s First Blockchain Battle Royale with Cheese — medium.com
Cheeze Wizards is a social, crypto-native experiment where players summon Wizards to compete in a global tournament for the title — and prize — of Big Cheeze.
Vitalik Buterin argues how control over users’ data and digital possessions and activity is rapidly moving from an asset to a liability, creating a catalyst for a new Web3 Internet.
FinCEN’s new cryptocurrency guidance matches Coin Center recommendations — coincenter.org
FinCEN issued new guidance on how the Bank Secrecy Act (BSA) applies to cryptocurrencies and its users. Software wallet providers, multi-sig providers, decentralized exchanges, and other non-custodial services are not regulated as money transmitters.
Kik and the SEC: What’s Going On and What Does It Mean for Crypto?
Katie Haun explains the process in which the SEC investigates a potential regulatory infraction and what the Kik case means for the entire cryptocurrency industry.
Two Point Oh: Randomness — our.status.im
The Status team explains how random numbers will be generated on Ethereum 2.0 with RANDAO and VDFs.
1confirmation portfolio reading this week
A brand new marketplace place for ENS names. Buy and sell ENS names on OpenSea — medium.com
Opensea is now supporting ENS (Ethereum Name Service) names on OpenSea!
Bet on the 2020 US presidential election in Dai — medium.com
Veil launches trading for 2020 Democratic presidential nominee markets denominated in Dai.
Nervos Testnet is live! — medium.com
After 15 months of core development, the Nervos CKB Testnet, named Rylai, is live.
New to Blockchain: Turning In-Game Virtual Goods into Assets — www.wired.com
WIRED profiles Forte, a gaming company that wants to use blockchain technology to allow players to trade skins and other in-app purchases.
bloXroute raises $10M to date to solve the blockchain scalability bottleneck — medium.com
bloXroute announces its $10M SAFT round led by Pantera, with participation from 1confirmation, Coinbase Ventures, Fenbushi, and others.